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Dec 28, 2012
12/12
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FBC
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other healthcare companies as well and environmental companies such as waste management and republicans industries. these are the company's that get 50% or more of their sales from government contracts. when you see spending cuts coming you can imagine they will have to be dialing back on their own capital investment. adam: we are talking about cuts right now but then we have tax hikes. people have less money immediately. some of these will play out over the next few months. people who might lose their jobs won't lose immediately but all of us have less many come january 1st to spend and as we spend less money there are a bunch of companies not on that list, retailers, the money won't be out there. adam: talk to goldman sachs or barkleys too, looking at all sectors and trying to rank sectors that will get it the most and the worst, basically treasury secretary tim geithner put out the word, tax filing season will be delayed, tax refunds will be delayed, consumers won't have that money in their pockets and consumer conference is sagging but there's optimism always in the u.s. financial m
other healthcare companies as well and environmental companies such as waste management and republicans industries. these are the company's that get 50% or more of their sales from government contracts. when you see spending cuts coming you can imagine they will have to be dialing back on their own capital investment. adam: we are talking about cuts right now but then we have tax hikes. people have less money immediately. some of these will play out over the next few months. people who might...
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Dec 28, 2012
12/12
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FOXNEWSW
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we have seen is time and time again with immigration and healthcare and his response is if you don't like it sue me and we do. the biggest stimulus that the white house has brought is to lawyers and courts because he has kept them busy and they will be busy for decades trying to figure out and undo the bad that the president has done in overreaching his pow. >> laura: speaking as a recovering lawyer myself they don't need a stimulus for the most part. what would be bridge too far for him, though. even with the reelection which stunned a lot of republicans. we will win this with no problem, unemployment so high, we will win. what could he do that the american people say this is not what we voted nor for? a supercharged amnesty or some kind of supertax and all of the economic development in the way of oil exploration in places like north dakota? would that be enough? >> if he can't get cap and trade through the congress he could do that and give blanket amnesty as part of the resolution to immigration. >> laura: that seems leak a gimme for mih him at this poin. >> they are not for blan
we have seen is time and time again with immigration and healthcare and his response is if you don't like it sue me and we do. the biggest stimulus that the white house has brought is to lawyers and courts because he has kept them busy and they will be busy for decades trying to figure out and undo the bad that the president has done in overreaching his pow. >> laura: speaking as a recovering lawyer myself they don't need a stimulus for the most part. what would be bridge too far for him,...
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178
Dec 28, 2012
12/12
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FOXNEWSW
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if your employer doesn't provide you with healthcare, they are going to be hit with a penalty. also, the amt tax patch, if they don't fix that, then -- alternative minimum, and that will not us. about people in the middle class who never thought they are going to get hit, they are going to find out they are well think. those are a couple things that are going to hit a number of people in this country. >> charles, let me go through it real quick and let you respond to each and every one of them, if i can. the first one will be, of course, the doc fix that kerry was just talking about. it would also mean capital gains where the capital gains rate will go as high as 55% for many americans -- i'm sorry, it will go up to 20% from 15%. estate tax goes to 50%. obamacare taxes for many individuals will be .9% on those earning over $200,000. that's another full percentage point. also we have a penalty tax will be imposed on the individuals. and also some employers. then on top of that we have, as kerry mention the, the alternative minimum tax patch. so we have five huge consequences rig
if your employer doesn't provide you with healthcare, they are going to be hit with a penalty. also, the amt tax patch, if they don't fix that, then -- alternative minimum, and that will not us. about people in the middle class who never thought they are going to get hit, they are going to find out they are well think. those are a couple things that are going to hit a number of people in this country. >> charles, let me go through it real quick and let you respond to each and every one of...
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Dec 28, 2012
12/12
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CNBC
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is this the latest way to cope with grief or to cut healthcare costs. >> ban adoption from one nation to the next. it's about to happen in russia. where moscow is going to approve a ban on american couples only from adopteding russian children. we just improved our trade relations with them, why are they doing this? have our relations with the putin regime deteriorated that much? senior fellow with the center of transatlantic relations at johns hopkins university. what is this really about? >> this is about vladimir putin playing to his base which is nationalistic and poor as he's losing moscow and it's about vladimir putin sending a signal to the united states that he does not want us interfering in russia's internal affairs and this is a convenient way to send that message. >> let's, explain why they would think that with this trade status improvement there was a little clause that said if someone violates human rights in russia you're not going to be able to get a vase to get in here. what is this law called? >> the magity insky bill. >> sergei died in prison. who helped kill him.
is this the latest way to cope with grief or to cut healthcare costs. >> ban adoption from one nation to the next. it's about to happen in russia. where moscow is going to approve a ban on american couples only from adopteding russian children. we just improved our trade relations with them, why are they doing this? have our relations with the putin regime deteriorated that much? senior fellow with the center of transatlantic relations at johns hopkins university. what is this really...
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Dec 28, 2012
12/12
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WTTG
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it puts off major spending cuts and reforms to entitlements like healthcare. >> we're going to end up with a small, kick-the-can, down-the- road bill to make another fiscal cliff to deal with this fiscal cliff. >> reporter: with expectation low, lawmakers are talk about how to retroactively fix any damage done by going over the cliff with congress. nicole collins, fox news. >>> developing tonight, a strike that could have shut down ports up and down the east coast is averted for now. the long shoreman's union along the east coast and gulf of mexico will extend the current contract for 30 days. that extension prevents a possible strike that could have crippled operations at port and including the port of baltimore. in a statement today, the maryland governor martin o'malley wrote, quote, the port of baltimore continues to be a major part of the state economic strait generating and supporting thousands of jobs. during the extended period, we hope long-term resolutions can be reached for the hardworking families who depend on jobs and commerce linked to the port of baltimore. >>> to the
it puts off major spending cuts and reforms to entitlements like healthcare. >> we're going to end up with a small, kick-the-can, down-the- road bill to make another fiscal cliff to deal with this fiscal cliff. >> reporter: with expectation low, lawmakers are talk about how to retroactively fix any damage done by going over the cliff with congress. nicole collins, fox news. >>> developing tonight, a strike that could have shut down ports up and down the east coast is...
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Dec 28, 2012
12/12
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CSPAN
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the needs are met and the trustees say the program is funded through 2024 with the reduction in the healthcare law to providers. 50 million people rely on this program. it benefits individuals over the age of 65. a lot of people depend on it. host: what is the current budget for medicare? guest: about $550 billion for this year. host: does that include the premiums that seniors pay? guest: what they pay it will go to the payments that will go to the doctors that care for the beneficiary. host: how much is coming out of general revenue? guest: the beneficiaries pay 25% of the program in part b. in part d, you have about 32 beneficiaries that are on the program. host: medicare is divided into four parts. part a is hospital insurance. host: how did the affordable care act change medicare? guest: it will take $716 billion away from medicare providers. the payments will still grow. providers of care will see their reimbursements decrease. beneficiaries receive some new services. they will get some help if they are enrolled in the drug program. they will be helped to close the donut hole. host: how
the needs are met and the trustees say the program is funded through 2024 with the reduction in the healthcare law to providers. 50 million people rely on this program. it benefits individuals over the age of 65. a lot of people depend on it. host: what is the current budget for medicare? guest: about $550 billion for this year. host: does that include the premiums that seniors pay? guest: what they pay it will go to the payments that will go to the doctors that care for the beneficiary. host:...